Business Overview Management and Society

Through “human-centered automation,” the azbil Group creates value for customers and society and

develops the value in its Building Automation,

Advanced Automation and Life Automation businesses.

To realize this,

We create value together with customers at their site.

We pursue our unique value based on the idea of “human-centered.”

We think towards the future and act progressively.

On April 1, 2012, all Group companiesincluding Yamatake Corporation

will uniformly add “Azbil” to their names.This will be the start of a new path toward providing higher-value-added

products and solutions collectively as a single corporate group.

Environmentand Energy

Conservation

Peace of Mindand Safety

Quality and Productivity

azbil report 2011 1

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2 azbil Group

How to Conserve Energy• In buildings, energy is conserved by improving operating methods of equipment that cools or heats the air and modifying air-conditioning or heating to match its application in a particular building.

• For factories, the key points include maintaining a constant temperature as much as possible for cooling or heating in manufacturing processes, such as for crude oil distillation or beverages, and minimizing electricity, steam, and compressed air used in production facilities.

• Energy conservation begins with measurement. We measure when, where, and to what extent energy is being used, and then eliminate any waste. The key is to eliminate waste while maintaining comfort and quality. To achieve this requires collaboration across businesses, from on-site management of production and buildings to business operations.

Environment and Energy Conservation

52.3%1 of the world’s CO2

emissions originate frombuildings and factories.

Our mission is to reducethese emissions.

BUILDING AUTOMATION BUSINESS• BEMS: A system that supports energy conservation by visualizing and optimizing the energy consumption of an entire building.

• CO2 Management System: A system that manages total CO2 emissions from an entire enterprise.

• AdaptivCOOLTM 2: A dedicated cooling system for data centers with high cooling loads.

ADVANCED AUTOMATION BUSINESS• ENEOPTTM: A plant energy conservation solution that provides an optimized energy conservation plan through systemically capturing data on air, steam, and electrical energy used by the entire plant.

• FINEDEWTM: A hygrometer that helps conserve energy and improve yield by precisely measuring moisture in heat treatment processes for electronic components and metal parts or in the manufacturing environment of lithium ion batteries, etc.

LIFE AUTOMATION BUSINESS• KikubariTM: A central air-conditioning system that conserves energy by centrally supplying heating or air-conditioning to an entire home.

• Since the 1970s the azbil Group has incorporated the term “save” in its philosophy, and its people and technologies have optimized society’s energy use, driven by measurement and control technologies.

• We support improvements in building and factory operation to reduce the energy use of not just individual systems and equipment, but of the building or factory as a whole.

• We can streamline and reduce energy use on the scale of an entire company or community, toward the realization of smart cities and smart communities.

Value Provided by the azbil Group

Product and Service Examples

azbil report 2011 3

CO2 Management System

FINEDEW

1. Source: Calculated from “CO2 Emissions from Fuel Combustion (2008)” compiled annually by the International Energy Agency 2. AdaptivCOOL is a registered trademark of Degree Controls, Inc.

ENEOPT

AdaptivCOOL

How to Achieve Safety and Security in Our Lives• Mistakes in the operation of factories and other large-scale facilities can lead to major accidents that involve the local community. Measuring equipment that detects malfunctions invisible to the naked eye, emergency response programs, and facility management systems play a role in the safe operation of these facilities.

• Thorough management of access, automation of dangerous work processes, and systems that detect microorganisms play an important role in safeguarding people who work in offices, shopping areas or factories.

• Production to supply of food, water, electricity, and gas provided to homes is managed in an integrated manner.

• Whenever a health problem or concern arises, a specialist will respond to the push of a button any time, 24 hours a day.

4 azbil Group

Peace of Mind and Safety

To live and work healthily with peace of mind.

Our goal is toachieve this vision.

BUILDING AUTOMATION BUSINESS• savic-netTM FX security system: An access control system for buildings using biometric recognition such as fingerprint matching.

• IMDTM Instantaneous Microbial Detection: A sensor that detects microorganisms in the air in real time.

• Building operator support service BOSS-24TM: A service that monitors a building remotely 24 hours a day and accommodates maintenance requirements.

ADVANCED AUTOMATION BUSINESS• RX series: Combustion safety control equipment that ensures the safe operation of industrial furnaces in combination with related equipment.

• Sensors / Switches: Detect a variety of conditions and ensure the safe operation of equipment.

• ISOPTM (Industrial Services Operation Program): A contract maintenance program that provides remote diagnoses for control systems and emergency response 24 hours a day, 365 days a year.

• We prevent illegal entry into buildings and ensure that equipment and facilities operate safely using advanced security systems and remote monitoring and control technologies.

• We create safe workplace environments by monitoring harmful airborne substances at production sites in real time.

• We contribute to the safe and stable operation of social infrastructure, such as electricity, gas, and water, based on measurement and control technologies accumulated over many years.

• Through our commitment to personal services, we provide peace of mind and safety to people with health concerns.

Value Provided by the azbil Group

Product and Service Examples

azbil report 2011 5

RX series Sensors Switch

Gas meter Emergency alert response service

LIFE AUTOMATION BUSINESS• Gas meter: Contains safety features such as an automatic shut-off function to deliver gas safely and stably.

• Emergency alert response service: A service where specialist staff including nurses provide emergency response and health counseling 24 hours a day, 365 days a year for elderly people living alone.

• Welfare equipment rental service: A rental service for welfare equipment that maintains a dedicated ISO 9001-certifed maintenance center featuring the latest cleaning, disinfecting, and drying equipment to ensure cleanliness, peace of mind, and comfort.

savic-net FXsecurity system

IMD InstantaneousMicrobial Detection

Comfort and productivity form the heart of the “quality”

of daily life or business. Our commitment is

to pursue it.

BUILDING AUTOMATION BUSINESS• savic-netTM FX: A building management system that supports operations by comprehensively managing the building.

• ACTIVALTM PLUS: A control valve that has built-in temperature sensor, pressure sensor, flow measurement, and control functions.

• BESTMANTM EV: A service that supports efficient building operations by maintenance work using remote monitoring through BMS.

ADVANCED AUTOMATION BUSINESS• Industrial-DEOTM: A control and monitoring system that helps improve productivity and quality during manufacturing and production processes.

• NX instrumentation network modules: Instrumentation network modules that meet the increasingly complex demands of production sites.

• InnovativeField OrganizerTM: A system that monitors and diagnoses the condition of multiple control valves and measurement instruments used in production facilities.

LIFE AUTOMATION BUSINESS• Lifestyle support service: A service that provides health counseling, mental health care, health guidance, and counseling for family caregivers 24 hours a day, 365 days a year, led by nurses, nursing care managers, psychological counselors, and nutritionists.

• Nursing care support: Experts including nursing care managers, nursing care workers, in-home care givers, and specialist counselors for welfare equipment provide high-quality nursing care services.

• Measuring equipment calibration service: As a Japan Calibration Service System (JCSS) accredited calibration laboratory for temperature, pressure, humidity, electricity (direct current and low frequency), and flowrate calibration services, we provide measuring equipment calibration services using top- level technologies.

Product and Service Examples

Quality and Productivity

6 azbil Group

savic-net FX ACTIVAL PLUS

NX instrumentationnetwork modules

Industrial-DEO

• We enhance the productivity of offices and other work spaces by controlling temperature, humidity, and air flow within normal comfort zones.

• Automation and information technologies can raise productivity, product quality, and customer satisfaction at the same time. This in turn raises the quality of work and business.

• We use sensors, systems, and information technology to create the optimum automation environment, and maintain and improve quality and productivity at all times with consulting and services.

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How to Improve Living and Business Quality• Creating comfortable living spaces for people involves measuring and analyzing indoor atmospheric conditions, then adjusting temperature and humidity, eliminating dust and pollen, and creating living conditions with minimal temperature differences between locations.

• The ability to safely and optimally use industrial products as necessary in our daily lives is the result of production systems that can quickly meet various conditions to maintain quality.

• Buildings and factories operated by automation utilizing various information and technologies enable building managers and factory operators to work effectively, safely, and with ease.

• Appropriate business decisions on a wider scope are made possible by linking management information held by each business department, such as market needs, business strategy, and customer information, with management information of on-site facilities.

• Regular “calibrations” play a major role in raising the reliability of sensors, flow meters, and other measuring equipment.

azbil report 2011 7

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• We enhance the productivity of offices and other work spaces by controlling temperature, humidity, and air flow within normal comfort zones.

• Automation and information technologies can raise productivity, product quality, and customer satisfaction at the same time. This in turn raises the quality of work and business.

• We use sensors, systems, and information technology to create the optimum automation environment, and maintain and improve quality and productivity at all times with consulting and services.

Highlights

Fiscal years

For the year:

Net sales

Operating income

Net income

Capital expenditures

Depreciation

R&D costs

At year-end:

Total assets

Total equity

Per share data (yen):

Net income per share

Net assets per share

Cash dividends per share

Financial indicators:

Shareholders’ equity ratio (%)

Return on equity (ROE) (%)

Dividend on equity (DOE) (%)

Environmental indexes:

CO2 emissions (Tons CO2) Unit (Tons CO2/100 Millions of yen) Total volume of waste generated (Tons)

Rate of recycling/reuse (%)

2006

234,572

17,314

10,646

5,273

3,891

8,776

230,679

118,967

144.71

1,602.33

50.00

51.1

9.3

3.2

33,320

14.2

1,574

99.3

2007

248,551

20,484

10,709

4,488

4,387

9,844

228,844

121,721

145.63

1,641.73

60.00

52.6

9.0

3.7

33,422

13.4

1,416

99.1

2008

236,173

17,832

9,525

6,414

4,503

9,636

220,846

124,984

127.87

1,672.91

62.00

55.9

7.8

3.7

30,551

12.9

1,485

99.0

2009

212,213

12,385

6,242

2,704

4,751

8,640

218,472

129,278

84.52

1,728.64

62.00

58.4

5.0

3.6

26,414

12.4

1,215

98.9

2010

219,216

14,896

7,928

3,302

4,460

8,953

217,501

131,362

107.35

1,754.86

63.00

59.6

6.2

3.6

26,678

12.2

1,104

99.2

(Millions of yen)

Overview of Consolidated Results for Fiscal Year 2010, ended March 31, 2011

We achieved increases in both consolidated sales and income, as business results of the

Building Automation and Advanced Automation businesses steadily recovered. As for our

environmental indexes, we decreased CO2 emissions toward our medium-term target.

Scope of financial data: Yamatake and consolidated subsidiariesScope of CO2 emission volumes: Yamatake, Yamatake & Co., Yamatake Control Products, Yamatake Care-Net, Safety Service Center Headquarters, Kimmon Manufacturing and its consolidated subsidiaries in Japan, Yamatake Mizuho, Royal Controls, and TaishinScope of total volume of waste generated: Yamatake’s Fujisawa Technology Center, Shonan and Isehara factories, Yamatake Control Products, Yamatake Mizuho, and Taishin

Fiscal years ended March 31

8 azbil Group

(Yen)

0

20

40

60

80

0

1.0

2.0

3.0

4.0(%)

3.7 3.7 3.6 3.6

Cash Dividends per Share (left scale) DOE (right scale)

Net Sales Operating Income/Net Income Total Assets/Shareholders’ Equity Ratio

(Billions of yen)

(FY)

(Billions of yen)

0

5

10

15

25

20

(Billions of yen)

(Billions of yen)

0

20.0

40.0

60.059.6

(Tons) (%)

(%)

0

500

1,500

1,000

2,000

0

25.0

50.0

75.0

100.0

1,574

1,4161,416 1,4851,485

Operating Income Net Income

Capital Expenditures Depreciation

Total Volume of Waste Generated (left scale) Rate of Recycling/Reuse (right scale)

0

4.0

6.0

10.0

8.0

(%)

99.3 99.1 99.0

1,104

99.298.9

(Tons CO2) (Tons CO2/100 Millions of yen)

0

9,000

18,000

27,000

36,000

45,000

0

3.0

6.0

9.0

12.0

15.0

14.213.4

CO2 Emissions (left scale)Unit (right scale)

12.9

0

4

8

12(Billions of yen)

(FY)0

100

200

300

234.6248.6

236.2212.2

2006 2007 2008 2009 2010

219.2

0

2

4

6

8

(FY)0

100

200

300

228.8 220.8 218.5230.7

51.1 52.655.9

2006 2007 2008 2009 2010

217.5

58.4

5.34.5

6.4

Total Assets (left scale)Shareholders’ Equity Ratio (right scale)

12.212.4

Capital Expenditures/Depreciation R&D Costs ROE

Cash Dividends per Share/DOE CO2 Emissions/Unit Waste Disposal and Rate of Recycling/Reuse

17.3

20.5

17.8

12.4

2006 2007 2008 2009 2010

(FY)(FY)2006 2007 2008 2009 2010 (FY)2006 2007 2008 2009 20102006 2007 2008 2009 2010

(FY)(FY)2006 2007 2008 2009 2010 (FY)2006 2007 2008 2009 20102006 2007 2008 2009 2010

14.9

47474.8 4646

1,215

4.5

8.8

9.8 9.6

8.69.0

9.39.0

7.8

5.0

6.2

50

62 62 6360

3.23.23.2 1,416 1,48530,551

26,67826,414

33,42233,42233,32033,320 33,42233,320

10.610.6 10.710.79.59.5

6.26.27.97.9

10.6 10.79.5

6.2

3.93.9

2.72.7

4.54.5

3.33.3

4.44.43.9

2.7

4.54.4

7.9

3.3

azbil report 2011 9

10 azbil Group

To Our Stakeholders

I would like to begin by extending my deepest sympathy to all who

were affected by the Great East Japan Earthquake that struck on

March 11, 2011.

The azbil Group also incurred damage from the earthquake,

mainly at factories and branch offices in the Tohoku region. We set

up an emergency response headquarters immediately after the

disaster and quickly planned and implemented countermeasures.

This allowed us to limit the impact of the disaster itself and the

subsequent power shortage and supply chain disruptions to a

relatively minor level. The headquarters has also been the center of

efforts to support the recovery of our customers. The foundation of

our business is creating and providing value on-site throughout the

life cycle of our customers’ buildings and production facilities, from

product delivery to maintenance services. We believe we have an

obligation to work together with our customers for the swift

recovery of their work sites through our core businesses so that they

can conduct safe, stable operations, and azbil Group employees are

making a concerted effort toward that end. In conjunction with

recovery and restoration efforts, we will continue to do everything

we can at customer sites from the standpoint of conserving energy,

not only this summer but over the long term.

Fiscal year 2010, ended March 31, 2011, was the first year of our

new four-year medium-term plan positioned as the “period of

growth.” As a result of our initiatives for business structure reform,

we achieved increases in both sales and income for the fiscal year.

In fiscal year 2011, ending March 31, 2012, we will further enhance

the strengths of the azbil Group in resolving on-site issues together

with our customers as we tackle “creating new businesses (business

structure reform)” from the aspects of both products and on-site

solutions. At the same time, we will raise awareness and promote the

practice of good corporate citizenship (CSR management).

I thank our shareholders, local communities and other

stakeholders for their continuing support and guidance.

July 2011

Seiji Onoki

President and Chief Executive Officer

Fiscal year 2010 was the first year of your medium-term plan for the “period of growth.” How would you evaluate the progress of measures and results for the year?

It was a productive year as we steadily implemented key measures and achieved growth in sales and income.

The business environment in Japan in fiscal year 2010 generally shifted toward a gradual recovery. While economic stimulus measures helped the Japanese economy’s upward momentum, a temporary slowdown in exports caused a lull that was offset by a pickup in manufacturing output. Overseas, solid expansion continued in China and elsewhere in Asia, while a moderate recovery trend was discernible in Europe and the United States. For the azbil Group, fiscal year 2010 was the first year of our new four-year medium-term plan, which we designated as the “period of growth.” In response to our rapidly changing business environment, we focused on reforming our business structure with an emphasis on overseas expansion, particularly in the fast-growing Asian market, as well as environmental preservation and energy conservation, where we anticipate new demand due to tougher regulations. As a result, net sales for fiscal year 2010 increased 3.3% year on year to ¥219.2 billion, operating income increased 20.3% to ¥14.9 billion, and net income increased 27.0% to ¥7.9 billion. Looking at results by business segment, sales and income declined in the Life Automation business, which sells gas and water meters and provides nursing care and health support and other services. The main factors in the decline were reduced demand for LP gas meters and the suspension of operations due to the Great East Japan Earthquake. However, results steadily rebounded in the Building Automation business, which delivers products and services for HVAC and security, mainly to offices and other commercial buildings, and the Advanced Automation business, which provides products and solutions for production sites such as plants and factories. As a result, both businesses recorded solid performance. Although the azbil Group’s operating environment is recovering, the recovery has been weaker than we expected. Because of that, coupled with the unforeseen consequences of the unprecedentedly large earthquake near the end of the fiscal year, we did not achieve the results we had planned. Still, we were able to increase sales and income, and achieved a number of successes with our business measures. Overall, I feel positive about our perfor-mance for the year.

(Billions of yen)

FY2009 FY2010 % Change Plan % Change

Net Sales 212.2 219.2 3.3% 225.0 (2.6)%

Operating Income 12.4 14.9 20.3% 16.0 (6.9)%

Net Income 6.2 7.9 27.0% 8.2 (3.3)%* Plan revised during the fiscal year (original plan: ¥9.5 billion)

The core initiative of the medium-term plan for the “period of growth” is “creating new businesses.” How much progress have you made in that area?

Our business transformation is starting to yield visible results, especially in international business and in environmental preservation and energy conservation.

The azbil Group is promoting business structure reform – “creating new businesses” – in response to the rise of newly industrialized countries in Asia and elsewhere and structural changes to the market such as environmental issues, the falling birth rate and aging popula-tion, new technologies, and higher added value. The cornerstones of this initiative are the

azbil report 2011 11

Executive Interview

*

international solution business and the solution business for environmental preservation and energy conservation. In the international solution business, we provide services throughout the life cycle of customer facilities, from installation of control systems and on-site equipment to mainten-ance and renewal, to keep them running in optimal condition at all times. In fiscal year 2010, ended March 31, 2011, we expanded our valve maintenance centers in each region of Asia and established the Asia Solutions Center to augment our engineering capabilities, with the aim of strengthening the azbil Group’s engineering and service network. Based on our track record of more than 10,000 systems in operation around the world, we launched an original program to evolve and extend the life of existing plants. We are also putting efforts into solutions by product line. For example, we strengthened product development tailored in detail to the needs of customers in each region, an approach that has produced substantial results in North America. In addition, we are making market inroads through collaboration with local companies in various countries. In China and Korea, for example, we deployed the energy-saving expertise developed by the Building Automation business in Japan to win orders for a number of large-scale HVAC projects in cooperation with local enterprises. In the solution business for environmental preservation and energy conservation, we expect rapid expansion in the data center market due in part to the trend toward cloud- computing services. To deepen and expand our presence in this market, where saving energy is a pressing issue, we fortified our ability to provide solutions using our product lineup as well as our ability to use and analyze the azbil Group’s extensive proprietary data. We are also promoting collaboration between businesses. For example, our Building Automation business has provided a variety of solutions for clean rooms in semiconductor fabs and other facilities because a large amount of energy is consumed in their HVAC systems. We built on this by leveraging the products and technologies of the Advanced Automation business to realize energy savings in utility facilities that supply energy to clean rooms and in production facilities. This led to projects that developed into energy conserva-tion solutions for the entire production site. With concerns about power shortages in Japan this summer due to the effects of the Great East Japan Earthquake, inquiries about total energy-saving solutions for offices and production sites are increasing. We expect more opportunities to provide value that only the azbil Group can deliver through combining the capabilities of the Building Automation and Advanced Automation businesses. In the Life Automation business, we began cultivating the market for the Kikubari TM residential central air-conditioning system. For example, we developed a new system for

houses of between 99 and 115 square meters, which account for approximately half of Japan’s detached housing market. We also ran television ads promoting Kikubari. Kikubari utilizes the expertise of the Building Automation business to save energy in residences. At the same time, it helps to prevent shock from sudden changes in temperature and eliminates pollen and house dust to create comfort-able, healthy living spaces. By setting reasonable prices, we hope to provide comfortable, energy-efficient, and clean indoor environments to many more customers.

12 azbil Group

Business Structure Reform – “Creating New Businesses”

Promoting business structure reform (or creating new businesses) to deal withstructural changes to the market, such as environmental issues, the falling birth rate

and aging population, new technologies, and higher added value

International solution business Solution business for environmentalpreservation and energy conservation

Develop life cycle solutions overseas

Offer solutions through collaboration of Building Automation, Advanced Automation, and Life Automation in response to large-scale energy conservation needs in Japan

Enhance global product solutions

Enter the Asian infrastructure market with an emphasis on safety

Cultivate overseas customers based on energy-saving achievements in Japan

What distinguishes the azbil Group’s approach to corporate social responsibility (CSR)?

I believe our proactive approach to “CSR via business operations” leverages the Group’s strengths.

The azbil Group energetically undertakes CSR activities as one of the key issues of its medium-term plan. These activities can be broadly divided into “basic CSR” and “proactive CSR.” “Basic CSR” encompasses the azbil Group’s fundamental responsibilities as a corporate citizen, including compliance and environmental preservation. In particular, concern for the global environment is a key theme. We are aiming for a reduction of 10% or more in the azbil Group’s total CO2 emissions by fiscal year 2013, ending March 31, 2014, compared with the level of fiscal year 2006, ended March 31, 2007. Our “proactive CSR,” on the other hand, involves “social contribution via business opera-tions” that leverages the Group’s strengths as well as “voluntary social contribution activi-ties.” Our high-value-added solutions combining products and services save energy in office buildings and factories, helping customers to reduce their CO2 emissions. This in turn contributes significantly to reducing the global environmental load, and we take pride in that. Not only do we contribute to society via our business operations, but we also think at all times of sustainable activities linked to those operations, including using carbon credits obtained in the ESCO business at local events. In essence, our CSR activities and business activities are inseparable. The strength of the azbil Group is that CSR management combining these two activities is ingrained at the operating level.

Dividends increased in fiscal year 2010. Even with the uncertain outlook for the operating environment in fiscal year 2011, ending March 31, 2012, you are planning to maintain the dividend at the same level. What is your stance on shareholder returns?

We place great importance on profit sharing with shareholders and work to maintain and improve returns to them.

Returning profits to shareholders is one of the top management priority issues of the azbil Group. Our basic policy is to maintain stable dividends while striving to increase the dividend payout, taking into account consolidated performance, levels of return on equity (ROE) and dividends on equity (DOE), as well as retained earnings for strengthening the business structure and developing future businesses. For fiscal year 2010, we increased total dividends to ¥63 per share, as announced at the start of the period. In fiscal year 2011, some uncertainty remains in the business environment in Japan due to the effects of the earthquake and other factors, but we will aim for consistent returns and forecast total dividends of ¥63 per share. As a result, we expect DOE of 3.5% and a payout ratio of 63.7% for fiscal year 2011.

azbil report 2011 13

Executive Interview

Cash Dividends per Share/Payout Ratio

2006 2007 2008 2009 2010 (FY)

(Yen) (%)

2005

50

37.6

10

40

50

34.6

60

41.2

62 63

58.7

2011(Forecast)

6363.762

48.5

0

80

60

20

40

0

80.0

60.0

20.0

40.0

Ordinary Dividend (left scale) Payout Ratio (right scale)

Commemorative Dividend(left scale)

73.473.473.4

333333333 666666666637.37.37.37.37.37.37.37.37373 6666666666637.6 3333333333 666666666634.34.34.34.34.34.34.34.34.34.3444 6666666666634.644444444444 222222222241.41.41414141.41.41.41.4141414 22222222222241.2

55555555555555 777777777777775858.58.58.58.58.58.58.58.585858588 7777777777777758.7

44444444444 555555555548.4848484848.48.48.48.48.484848 555555555548.5

14 azbil Group

It has been announced that Yamatake will change its name to Azbil Corporation on April 1, 2012. Please talk about the reason for this change.

Five years have passed since “azbil” was formulated as the Group symbol. Now that the azbil symbol has been gaining recognition in and outside Japan, we decided to change the company name to further strengthen our brand.

Since it was founded as Yamatake Shokai Co., Ltd. in 1906, Yamatake has been meeting the needs of society through automation with the aim of “freedom from drudgery.” This philoso-phy has been carried on progressively over the years, such as in “Savemation” (saving through automation) and in the present Group philosophy of “human-centered automation.” The Group symbol, azbil, representing the “human-centered automation” philosophy, was formulated five years ago, and has since been gaining recognition in Japan and overseas. We therefore decided to change the company’s name from “Yamatake” to “Azbil” on the occasion of its 105th anniversary. Key Group companies in Japan will also adopt names that begin with “Azbil.” This name change will unify the Group philosophy, the Group name, and the names of domestic and international Group companies. The azbil Group is a corporate entity that contributes to solving its customers’ issues with both products and on-site solutions through its multiple points of contact with customers. By making contact with customers through the single brand “azbil” at various sites and settings, we will raise recognition of the azbil Group, strengthen and establish our brand globally, and further promote unified Group management so that our employees worldwide can work together to tackle new challenges.

Finally, please talk about your goal of becoming “a top-class global automation enterprise.”

We will further accelerate development of products and solutions to become an automation enterprise that is unique in the world.

Over the past several years, our operating environment has changed along with unexpect-edly rapid structural changes in the market. We will therefore further transform our business structure by “creating new businesses” and focus on realizing a world of automa-tion created by human ingenuity and technology.

There are many companies that offer automation, but not many of them go as far as providing products together with solutions that solve problems at the customer’s site. Furthermore, the azbil Group is proud to be the only one that conducts business with a “human-centered” concept. The needs of our customers are about more than just changes in the business environment. By further accelerating development of products and solutions, we aim to be an automation enterprise that is unique in the world. The azbil Group will continue to evolve step-by-step to meet the expectations of our shareholders, customers, local commu-nities, and other stakeholders.

Executive Interview